Austin Gold Corp. (AUST) has released an update.
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Austin Gold Corp. reports a drop in total assets from $12,005,240 as of December 31, 2023, to $11,615,894 as of March 31, 2024, with a net loss for the first quarter of $775,669 in 2024 compared to $485,637 in the same period the previous year. The company’s financial position reflects an increase in cash and cash equivalents and a reduction in short-term investments and receivables, while the deficit widened slightly from the end of the previous year.
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